
Concept explainers
(a)
To calculate: The maturity date of promissory note that is received by Pinnacle manufacturing whose face value is
(b)
To calculate: The maturity value of promissory note that is received by Pinnacle manufacturing whose face value is
(c)
To calculate: The discount date of promissory note that is received by Pinnacle manufacturing whose face value is

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Chapter 10 Solutions
Contemporary Mathematics for Business & Consumers
- Find the area bounded by f(x) = sin x, g(x) = cos x in the first quadrant.arrow_forwardIf X is a continuous random variable having pdf as shown. Find a) the constant k b) P(X>1) c) X, X², 0%, standard deviation. n(x) k -2 -1 0 1 2arrow_forwardWhat is one sample T-test? Give an example of business application of this test? What is Two-Sample T-Test. Give an example of business application of this test? .What is paired T-test. Give an example of business application of this test? What is one way ANOVA test. Give an example of business application of this test? 1. One Sample T-Test: Determine whether the average satisfaction rating of customers for a product is significantly different from a hypothetical mean of 75. (Hints: The null can be about maintaining status-quo or no difference; If your alternative hypothesis is non-directional (e.g., μ≠75), you should use the two-tailed p-value from excel file to make a decision about rejecting or not rejecting null. If alternative is directional (e.g., μ < 75), you should use the lower-tailed p-value. For alternative hypothesis μ > 75, you should use the upper-tailed p-value.) H0 = H1= Conclusion: The p value from one sample t-test is _______. Since the two-tailed p-value…arrow_forward
- Decomposition geometry: Mary is making a decorative yard space with dimensions as shaded in green (ΔOAB).Mary would like to cover the yard space with artificial turf (plastic grass-like rug). Mary reasoned that she could draw a rectangle around the figure so that the point O was at a vertex of the rectangle and that points A and B were on sides of the rectangle. Then she reasoned that the three smaller triangles resulting could be subtracted from the area of the rectangle. Mary determined that she would need 28 square meters of artificial turf to cover the green shaded yard space pictured exactly.arrow_forward1. Matrix Operations Given: A = [ 33 ]A-[3-321] -3 B = [342]B-[3-41-2] (a) A² A2 Multiply A× A: -3 = (3 x 32x-3) (3 x 22 x 1) | = |[19–63 |-9-3 -6+21] = A² = 33 33 1-3×3+1x-3) (-3×2+1x1) [12]A2=[3-321][3-321]=[(3×3+2x-3)(-3×3+1x-3)(3×2+2×1)(-3×2+1×1)]=[9-6-9-36+2-6+1 ]=[3-128-5] (b) | A ||A| Determinant of A | A | (3 × 1) (2 x-3)=3+ 6 = 9|A|=(3×1)-(2x-3)=3+6=9 (c) Adjoint of A Swap diagonal elements and change sign of off-diagonals: A = [33], so adj (A) = |¯²]A=[3-321], so adj(A)=[13–23] -3 (d) B-¹B-1 First find | B ||B|: |B | (3x-2)- (1 × -4) = -6 + 4 = −2|B|=(3x-2)-(1x-4)=-6+4=-2 Then the adjoint of B: adj (B) = [² 3 adj(B)=[-24-13] Now, B-1 1 = |B| · adj (B) = 1 [²¯¯³¹³] = [2₂ B 0.5 |B-1=|B|1-adj(B)=-21[-24-13]=[1-20.5-1.5] 2. (a) Matrix Method: Solve (2x + 3y = 6 (2x-3y=14 {2x+3y=62x-3y=14 Matrix form: 22 33-22 = [223-3][xy]=[614] Find inverse of coefficient matrix: Determinant: | M | (2x-3) - (3 x 2) = -6 -6 = -12|M|=(2x-3)-(3×2)=-6-6=-12 Adjoint: adj(M) = [3]adj(M)-[-3-2-32] So…arrow_forwardLet the region R be the area enclosed by the function f(x)= = 3x² and g(x) = 4x. If the region R is the base of a solid such that each cross section perpendicular to the x-axis is an isosceles right triangle with a leg in the region R, find the volume of the solid. You may use a calculator and round to the nearest thousandth. y 11 10 9 00 8 7 9 5 4 3 2 1 -1 -1 x 1 2arrow_forward
- Using the accompanying Accounting Professionals data to answer the following questions. a. Find and interpret a 90% confidence interval for the mean years of service. b. Find and interpret a 90% confidence interval for the proportion of employees who have a graduate degree. view the Accounting Professionals data. Employee Years of Service Graduate Degree?1 26 Y2 8 N3 10 N4 6 N5 23 N6 5 N7 8 Y8 5 N9 26 N10 14 Y11 10 N12 8 Y13 7 Y14 27 N15 16 Y16 17 N17 21 N18 9 Y19 9 N20 9 N Question content area bottom Part 1 a. A 90% confidence interval for the mean years of service is (Use ascending order. Round to two decimal places as needed.)arrow_forwardLet the region R be the area enclosed by the function f(x) = ex — 1, the horizontal line y = -4 and the vertical lines x = 0 and x = 3. Find the volume of the solid generated when the region R is revolved about the line y = -4. You may use a calculator and round to the nearest thousandth. 20 15 10 5 y I I I | I + -1.5 -1 -0.5 0.5 1 1.5 2 2.5 3 -5 I -10 -15 I + I I T I I + -20 I + -25 I I I -30 I 3.5 4 xarrow_forwardThe joint probability function for the random variables X and Y is y 0 1 2 P(X, Y) = x0 [3/28 9/28 3/281 = 13/14 3/14 2 1/28 0 0 0 Find Mx, My, E(XY), OXY.arrow_forward
